When Facebook pulled out of the deals space, some people started predicting the end of the industry as a whole. But the main lesson is simple: The deals business is harder than it looks. And that’s good news for Groupon.
Daily deals are a great idea—until you buy one, can't use it, then it expires, and you lose money. But what if you had an app that managed all the deals you buy from different providers, and which let you sell unusable coupons?